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Recent Change of 3.96% in the Carrols Restaurant Group Inc. (TAST) market price might lead to pleasant surprises

Carrols Restaurant Group Inc. (TAST) is priced at $2.10 after the most recent trading session. At the very opening of the session, the stock price was $2.01 and reached a high price of $2.125, prior to closing the session it reached the value of $2.02. The stock touched a low price of $1.99.Recently in News on June 22, 2022, Carrols Restaurant Group, Inc. Appoints Ahmad Filsoof as Vice President of Strategic Initiatives. Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (Nasdaq: TAST) announced today the appointment of Ahmad Filsoof as Vice President of Strategic Initiatives, a new position, to further the Company’s strategic capabilities and commitment to business innovation. Mr. Filsoof comes to Carrols with over 15 years of experience in strategy development and planning, business and consumer insights, performance management, consulting, and technology. You can read further details here

Carrols Restaurant Group Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.25 on 01/04/22, with the lowest value was $1.28 for the same time period, recorded on 05/12/22.

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Carrols Restaurant Group Inc. (TAST) full year performance was -62.00%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Carrols Restaurant Group Inc. shares are logging -62.61% during the 52-week period from high price, and 64.06% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.28 and $5.62.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 199438 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Carrols Restaurant Group Inc. (TAST) recorded performance in the market was -29.05%, having the revenues showcasing -7.08% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 107.60M, as it employees total of 25500 workers.

Analysts verdict on Carrols Restaurant Group Inc. (TAST)

During the last month, 0 analysts gave the Carrols Restaurant Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.09, with a change in the price was noted -0.56. In a similar fashion, Carrols Restaurant Group Inc. posted a movement of -21.05% for the period of last 100 days, recording 364,159 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TAST is recording 2.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.20.

Carrols Restaurant Group Inc. (TAST): Technical Analysis

Raw Stochastic average of Carrols Restaurant Group Inc. in the period of last 50 days is set at 59.85%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 35.29%. In the last 20 days, the company’s Stochastic %K was 33.72% and its Stochastic %D was recorded 36.85%.

Let’s take a glance in the erstwhile performances of Carrols Restaurant Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -29.05%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -27.84%, alongside a downfall of -62.00% for the period of the last 12 months. The shares increased approximately by -3.23% in the 7-day charts and went down by 17.98% in the period of the last 30 days. Common stock shares were lifted by -7.08% during last recorded quarter.

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